The finance department has been directed to reduce the
cash-to-cash cycle time to 20.2 days.
You are the operations manager and need to adjust the COGS to achieve that goal. Given the following information, what must your COGS be?
Days in the period: 25
Sales: $2600000
AR: $5175000
AP: $4770000
Inventory: $3660000
(Your answer should be a percentage with 2 decimal places)
You are the operations manager and need to adjust the COGS to achieve that goal. Given the following information, what must your COGS be?
Days in the period: 25
Sales: $2600000
AR: $5175000
AP: $4770000
Inventory: $3660000
(Your answer should be a percentage with 2 decimal places)
